Spin bikes

UPDATE 8/13/17: Spin will not debut their bikes in NYC Monday. Gothamist writes that that the company is postponing operations following a cease and desist letter received from the Department of Transportation.

Watch out Citi Bike, some new competition is rolling in on Monday. As the Post first reports, San Francisco-based bike-sharing company Spin has plans to drop off 300 bikes across NYC—150 throughout Manhattan and Brooklyn and another 150 in the Rockaways. Unlike Citi Bike, however, these new rides will be equipped with a self-locking mobile app-based technology, giving riders the option to leave their bikes in any location they please. One of the biggest challenges for Citi Bike has been figuring how to rebalance docking stations for users, particularly around rush hour when docks are either completely full or empty.